This week, outlet AS said Manchester City were very close on the signing of Peñarol youngster Facundo Pellistri.

Even though the winger is protected by a release clause of US$12m, it was reported said Manchester City would pay only 50% of that, leaving the other 50% for performance bonuses.

It’s been also said that Pellistri was close on accepting a five-year deal, which would allow him to choose a club to play on a loan spell in the next season.

However, Uruguayan outlet Ovación Digital cools down these rumours today, claiming the transfer is currently on stand-by.

It’s claimed Peñarol haven’t received any official offers yet, and will actually make it hard for any clubs who want to sign the youngster.

Embed from Getty Images

Pellistri is seen as the club’s biggest prospect, and that’s why the Uruguayan side will do their best to get the amount of the realease clause for now.

It’s claimed there are no talks with Manchester City going on, and Peñarol would try to keep him so he can develop at the club and could be worth even more in the future.